Krishna Bhima Samruddhi Local Area Bank Limited

Local area bank with 26 branches and 31 outlets serving 11 districts in 3 states.

1999 | Hyderabad, Telangana (India) | Active
Last Updated: December 24, 2024

Krishna Bhima Samruddhi Local Area Bank Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 13.42 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.00 Cr
  • Satisfied Charges ₹ 87.35 Cr
  • Revenue Growth %
  • Ebitda
  • Net Worth
  • Total Assets %

About Krishna Bhima Samruddhi Local Area Bank

Krishna Bhima Samruddhi Local Area Bank Limited (KBSLABL) is a Public Limited Indian Non-Government Company incorporated in India on 19 February 1999 and has a history of 25 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 13.42 Cr.

The company currently has active open charges totaling ₹25.00 Cr. The company has closed loans amounting to ₹87.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Krishna Bhima Samruddhi Local Area Bank Limited India are Murali Jeedigunta as CFO and Subir Boity as Company Secretary. Indusekhar Dantu, Narsi Vangala, Syed Shahab, and Four other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910TG1999PLC031162

  • Company No.

    031162

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1999

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Krishna Bhima Samruddhi Local Area Bank?

Executive Team (3)

NameDesignationAppointment DateStatus
Murali Jeedigunta CFO06-Jun-2019Current
Subir Boity Company Secretary27-Nov-2024Current
Durgaprasad Donepudi Country flag representing In Managing Director01-Jul-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Geetha Mikkilineni Country flag representing In Director 30-Jul-2020Current
Syed Shahab Country flag representing In Director 01-Sep-2021Current
Indusekhar Dantu Country flag representing In Director 20-Oct-2022Current
Narsi Vangala Country flag representing In Director 25-Feb-2020Current
Vijaya Boyapati Country flag representing In Director 30-Jul-2020Current
Jagan Vedantham Country flag representing In Director 20-Oct-2022Current

Financial Performance of Krishna Bhima Samruddhi Local Area Bank.

Krishna Bhima Samruddhi Local Area Bank Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Krishna Bhima Samruddhi Local Area Bank?

In 2022, Krishna Bhima Samruddhi Local Area Bank had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.00 Cr

Satisfied Charges

₹87.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Others₹25.00 CrOpen
25 Jun 2011Development Credit Bank Limited₹10.00 CrSatisfied
23 Aug 2010Development Credit Bank Limited₹10.00 CrSatisfied
10 Feb 2010Axis Bank Limited₹5.00 CrSatisfied
19 Jun 2009Small Industries Development Bank Of India₹15.00 CrSatisfied

How Many Employees Work at Krishna Bhima Samruddhi Local Area Bank?

Unlock and access historical data on people associated with Krishna Bhima Samruddhi Local Area Bank, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Krishna Bhima Samruddhi Local Area Bank, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Krishna Bhima Samruddhi Local Area Bank's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Krishna Bhima Samruddhi Local Area Bank

Recent activity within the organization

  • Director Appointment

    Subir Boity was appointed as a Company Secretary was appointed as a Company Secretary on 27 Nov 2024 & has been associated with this company since 2 months 5 days .

    27 Nov 2024

  • Annual General Meeting

    Krishna Bhima Samruddhi Local Area Bank Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Krishna Bhima Samruddhi Local Area Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100900159 was registered on 22 Mar 2024.

    22 Mar 2024

  • Director Appointment

    Indusekhar Dantu was appointed as a Director was appointed as a Director on 20 Oct 2022 & has been associated with this company since 2 years 3 months .

    20 Oct 2022

  • Director Appointment

    Jagan Mohan Vedantham was appointed as a Director was appointed as a Director on 20 Oct 2022 & has been associated with this company since 2 years 3 months .

    20 Oct 2022

Frequently asked questions

  • Krishna Bhima Samruddhi Local Area Bank Limited was incorporated on 19 Feb 1999.

  • The authorized share capital of Krishna Bhima Samruddhi Local Area Bank Limited is ₹ 25.00 Cr and paid-up capital is ₹ 13.42 Cr.

  • Currently 9 directors are associated with Krishna Bhima Samruddhi Local Area Bank Limited.

    • Indusekhar Dantu
    • Narsi Reddy Vangala
    • Syed Mohammad Farooque Shahab
    • Murali Krishna Jeedigunta
    • Subir Boity
    • Vijaya Lakshmi Boyapati
    • Durgaprasad Donepudi
    • Geetha Mikkilineni
    • Jagan Mohan Vedantham
  • As per Ministry of Corporate Affairs (Mca), the registered address of Krishna Bhima Samruddhi Local Area Bank Limited is 1-98/8 To 11/Fc/501 To11/Fc/502 5Th Floor Fortune Chambers Silicon Valley, Madhap Ur India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Krishna Bhima Samruddhi Local Area Bank Limited is U65910TG1999PLC031162 and the company number is 031162 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Krishna Bhima Samruddhi Local Area Bank Limited is https://www.kbsbankindia.com

  • As per the financial statements for fiscal Year 2022, The total open charges for Krishna Bhima Samruddhi Local Area Bank Limited amount to ₹ 25.00 Cr.

  • The most recent Balance Sheet for Krishna Bhima Samruddhi Local Area Bank Limited was filed with the ROC on 31 Mar 2024.

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